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PayPal Releases App Update That Aims to Make Payments Disappear

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PayPal wants you to put your cards away. The eBay subsidiary today announced a major app update that will enhance the company’s offerings at brick-and-mortar stores and make a grab for the mobile wallet crown.  The updated app (v. 5.0) is available for Android devices but has not yet hit the iTunes store. The reason for the iOS delay may be due to difficulties with the software development kit for iOS devices. Developers have expressed dissatisfaction with the devkit, specifically its documentation. The app opens to display a user’s location and highlights merchants in the vicinity that accept PayPal payments at the point of sale. Users can check in and order ahead at some of these stores in order to skip the line on arrival. This feature has been tested at Jamba Juice in the US and at various other merchants including McDonald’s in Europe. The app also includes a list of the offers and coupons the user may have received from stores that accept PayPal payments. The coupons are applied automatically to stores where purchases are made using the app. Hill Ferguson, VP of global product at PayPal, said, “The payment is what we want to make disappear.” Most consumers don’t [...]

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